Articles - Past and present news from The Energy Industry Times

Duke Energy announces $500 million solar investment

  • 9 years ago (2014-09-17)
  • Junior Isles
Duke Energy Corp, the United States’ largest power generation company, is to invest $500 million in expanding its North Carolina based solar power programme, the Charlotte, NC based company has revealed.

RWE to further expand its austerity programme

  • 9 years ago (2014-09-13)
  • Junior Isles
German utility giant RWE AG is looking to make even deeper cuts in its conventional power generation business to fight increasingly difficult market conditions, according to German newspaper reports.

First power generated at Westermost Rough

  • 9 years ago (2014-09-10)
  • Junior Isles

Electricity has been generated for the first time at Westermost Rough Offshore wind farm off the UK’s East Coast, a joint venture between DONG Energy (50%) and its partners Marubeni Corporation (25%) and the UK Green Investment Bank (25%).

ABB wins $800 million order for Caithness-Moray subsea HVDC link

  • 9 years ago (2014-09-09)
  • Junior Isles

ABB has won an order worth over $800 million from Scottish Hydro Electric (SHE) Transmission plc to provide the Caithness-Moray high-voltage direct current (HVDC) power transmission link, which will connect the electricity grid on either side of the Moray Firth in northern Scotland.

Canadian Solar joins with Sichuan Development in $810 million solar fund

  • 9 years ago (2014-09-09)
  • Junior Isles
Guelph, Ontario-based solar panel producer Canadian Solar Inc. (CSIQ) and Sichuan Development Holding Co., the investment arm of China’s Sichuan province, are to create a 5 billion yuan ($810 million) fund for building new Chinese solar projects.

Voith to equip Los Cóndores hydropower plant

  • 9 years ago (2014-09-08)
  • Junior Isles

Voith has been awarded a contract by utility ENDESA Chile to equip the Los Cóndores hydropower plant, located in Chile’s Maule Region.

Dalkia to buy two E.On power plants in Hungary

  • 9 years ago (2014-09-06)
  • Junior Isles

Energy firm Dalkia has signed an agreement to buy two Hungarian combined heat and power plants from German utility E.On by the end of next year for an undisclosed sum.

Belgium could face winter power cuts

  • 9 years ago (2014-09-03)
  • Junior Isles

A shortage of nuclear capacity could cause power shortages this winter in Belgium.

Scottish Siccar Point Energy sees $500 million investment

  • 9 years ago (2014-09-01)
  • Junior Isles
Private equity firms Blackstone and Blue Water Energy have revealed that they are to jointly back a $500 million investment in Siccar Point Energy, a new North Sea-focused oil company.

Policy uncertainty threatens renewable expansion

  • 9 years ago (2014-08-29)
  • Junior Isles

The expansion of renewable energy will slow over the next five years unless policy uncertainty is diminished, the International Energy Agency (IEA) has said in its third annual Medium-Term Renewable Energy Market Report.